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The Latest Breaking News from China

Biden aims at China in new illegal fishing policy framework

The Biden administration is stepping up efforts to combat illegal fishing by China and ordering federal agencies to better coordinate amongst themselves in a bid to promote sustainable exploitation of the world’s oceans

The Independent UK

South Korea would expect U.S. to intervene if China invades Taiwan, official says

"We probably take for granted that if China attacks Taiwan, the U.S. will engage."

Axios

Tesla, Rivian and NIO See Estimates and Price Targets Slash By Mizuho Post Battery Industry Call

Mizuho hosted a battery industry call looking at critical challenges, ramps, new technologies, and the longer-term outlook. It listed the key takeaways in a note titled "Battery Takeaways: Tesla the Leader, LFP Cost-Effective, Solid State Too Far Away."

Benzinga

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Why These Nike Investors Are Cautious Ahead Of Earnings

A group of investors are cautious on Nike Inc (NYSE: NKE) stock as the company prepares to report earnings after the bell.

Benzinga

3 Steel Stocks Primed to Gain Over Next Six Months

Piling up steel inventories in China due to weak demand and cooling prices worldwide spell concerns for the steel industry. However, the government’s mandate to use domestic steel in various infrastructure projects is expected to fuel the industry’s growth in the United States. However, steel stocks Usinas Siderúrgicas de Minas…

StockNews.com

Afghanistan will remain a geopolitical laboratory for U.S.-China rivalry: Raghavan

China is wary of the Taliban and its promises, says Aziz Amin

The Hindu

US Eyes Biden, Xi Meeting in Next Weeks, Sees Growing Convergence on China

US President Joe Biden and Chinese President Xi Jinping are expected to speak in the next few weeks, US national security adviser Jake Sullivan said on Monday, citing growing convergence among NATO and G7 members about the challenge China poses. The Group of Seven rich democracies will address China's non-market…

Asharq Al-Awsat

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New Tesla China Program: Trade In Your Gas Car For An EV

According to reports, Tesla started a new program in China to convince car shoppers to trade in their gas-powered vehicles for a new electric car.

InsideEVs

U.S. eyes Biden, Xi meeting in next weeks, sees growing convergence on China

U.S. President Joe Biden and Chinese President Xi Jinping are expected to speak in the next few weeks, U.S. national security adviser Jake Sullivan said on Monday, citing growing convergence among NATO and G7 members about the challenge China poses.

Reuters

NATO’s summit 2022 in Madrid: 5 things to know

Leaders of the world’s largest defence alliance will convene in Madrid this week for the NATO heads of state summit.

Al Jazeera

NATO chief's chilling warning Russia poses direct threat as forces increased sevenfold

NATO allies are expected to refer to Russia as "a direct threat to our security" and discuss China as a concern for the first time in 10 years after the Ukraine invasion

Daily Mirror

Chinese city desperate for home buyers entices villagers with job prospects

A southern Chinese city is sending officials to neighbouring villages to drum up interest in its unsold homes and offering to help find jobs for those who buy an apartment, as a deepening property malaise grips China's small cities.

Reuters

Volkswagen ID. Aero Concept Officially Revealed With 385 Miles Of Range

It's a closer-to-production version of the 2018 ID. Vizzion.

Motor1

'Systemic challenge' or worse? NATO members wrangle over how to treat China

NATO’s first new strategy concept in a decade will cite China as a concern for the first time but member states remain at odds over how to describe the country with the world's largest military and its relationship with Russia, NATO diplomats say.

Reuters

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The Japan News/Yomiuri

Japan, U.S. to hold economic 2+2 talks with eye on China

The Japanese and U.S. governments have begun coordinating to hold their first diplomatic-economic dialogue with both nation's foreign and trade ministers in attendance.

The Independent UK

Seoul urges China, Russia to prevent North Korean nuke test

A top South Korean official says North Korea is increasingly targeting the South with its nuclear arms program, and urged China and Russia to persuade the North not to conduct a widely expected nuclear test

Radio France Internationale

G7 aims to raise $600 billion to counter China's Belt and Road

G7 leaders meeting in southern Germany have detailed plans to raise $600bn in private and public funds to finance much-needed infrastructure, notably on the African continent, and to counter China's influence in the developing world via its older, multitrillion-dollar Belt and Road project.

Reuters

Explainer-Hong Kong's rocky political road since the 1997 handover

Hong Kong on July 1 will mark its 25th anniversary under Chinese rule. The financial hub returned to China from Britain in 1997, with promises of wide-ranging freedoms and autonomy under "one country, two systems" governance.

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Reuters

Tuvalu minister pulls out of UN ocean conference after China blocks its Taiwanese delegates - media

The foreign minister of Tuvalu pulled out of the United Nations Ocean Conference opening in Portugal on Monday after China blocked the participation of three Taiwanese included in the tiny Pacific island nation's delegation list, according to Radio New Zealand.

The News Lens

G7 Leaders Launch Infrastructure Fund to Counter Chinese Influence

G7 leaders pledged US$600 billion dollars to help low-income states build “climate resilient infrastructure,” which is seen as the West’s response to China’s massive Belt and Road Initiative.

Caixin Global

Shanghai Composite Index Rose 0.88% on Monday

Shenzhen Component Index closed up 1.1%

ABC News

China pushes for Pacific foreign ministers meeting at same time Pacific Islands Forum meets

Beijing is attempting to muscle in on the Pacific's most important high-level gathering, pushing for a meeting with the region's foreign ministers on the same day as another key event.

The Conversation

Some see NZ's invite to the NATO summit as a reward for a shift in foreign policy, but that's far from accurate

Prime Minister Jacinda Ardern’s acceptance of an invitation to speak at this week’s NATO leaders’ summit in Madrid has fuelled a narrative that New Zealand’s independent foreign policy is falling victim to a new Cold War.

The Hindu

Morning Digest | China upgraded firepower on LAC; Shinde moves Supreme Court over disqualification notice, and more

A select list of stories to read before you start your day

Bangkok Post

Airlines to resume two China travel routes

Thailand is ready to welcome the return of Chinese tourists after Thai airlines were allowed to resume operating two flights between the countries each week for the first time since the start of the pandemic.

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